Erie, PA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Erie, PA. Based on 20+ datapoints.
Erie, PA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4%
Avg Cash on Cash
-11.2%
Median Cashflow
-$349/mo
Avg Rent Estimate
$1,605/mo
Avg Price
$238,652
Price Range
$69,900 - $388,700
Rent to Price
0.67%
low ratio
Positive Cashflow
7%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Erie, PA
Erie, PA is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 4% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in Erie, PA is -$349 with average rents of $1,605/month. Properties range from $69,900 to $388,700, offering entry points across multiple investment budgets.
Erie, PA Rental Market Insights
- •Median cashflow is -$349/month — careful deal selection is essential here
- •4% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Erie, PA requires selective property picks
- •Moderately priced market with properties from $69,900 to $388,700
- •Early-stage market data — revisit as more properties are analyzed for stronger signals